Jyoti Life Insurance Releases New Bonus Rate

July 27, 2022 | Investopaper

Jyoti Life Insurance Company Limited was established in July 2017 as a public limited company. It is one of the newly established life insurance companies in Nepal.


Related: List of Insurance Companies In Nepal [Updated]


Jyoti Life Insurance Bonus Rate

Jyoti Life Insurance has introduced a new bonus share to its policyholders. As per the actuary valuation of the fiscal year 2077/78, the life insurance will provide a bonus rate ranging from Rs 20 to Rs 75 per thousand.

The bonus rate for term life insurance is Rs 43 for 9 years, Rs 45 for 10 to 14 years, Rs 50 for 15 to 19 years, Rs 55 for 20 to 24 years, and Rs 75 for 25 years or more.

Similarly, for term and life insurance policies, the company has fixed the bonus rate at Rs 43 for a period of 9 years, Rs 45 for a period of 10 to 14 years, Rs 50 for a period of 15 to 19 years, Rs 55 for a period of 20 to 24 years and Rs 75 for a period of 25 years or more.

Likewise, the bonus rate for advance payment life insurance is Rs 43 for 10 to 14 years, Rs 45 for 15 to 19 years, and Rs 50 for 20 to 24 years.


You May Also Like: Citizen Life Insurance New Bonus Rate


The notice below shows the new bonus rate of Jyoti Life Insurance:


Products Offered By Jyoti Life Insurance

1. Critical Illness

2. Jyoti Three-20 Dhan Bahar Jeevan Beema (J-320)

3. Jyoti Ekal Sawadik Jeevan Beema (Single Payment Endowment Plan)

4. Jyoti Simit Awadhi Jeevan Beema (Limited Payment Endowment Plan)

5. Jyoti Samuhik Myadi Jeevan Beema (Group Term Life Plan)

6. Jyoti Sunaulo Bhawishya Bal Jeevan Beema (Child Endowment Plan)

Investopaper

Investopaper is a financial website which provides news, articles, data, and reports related to business, finance and economics.

Leave a Reply

Your email address will not be published. Required fields are marked *

error: Content is protected !!